All articles from TaxVox

Harris argues that changing deductions for mortgage interest and property tax payments may not bring home prices down, as some critics of tax reform have said, and makes the case for pushing a more efficient tax code forward.

If Congress allows more people into the United States, our population, labor force, and economy will all get bigger. With immigration policy up in the air, the economy's trajectory will be difficult to predict.

In spite of its widespread use and large fiscal cost, the mortgage interest deduction does little to promote home ownership, Toder writes. It provides no subsidy to the nearly two-thirds of taxpayers who do not itemize and only a modest subsidy to those in the 15 percent bracket.

President Obama's 2014 budget would limit tax benefits for workers with high-balance retirement saving accounts. The plan is a smart way to roll back the billions in tax breaks that go to investors who don’t need tax incentives to save for retirement, Harris writes.

President Obama's 2014 budget proposal calls for a so-called 'Buffett Rule' that would ensure that high-income households pay at least a minimum percentage of their income in taxes. It turns out that setting a floor on the taxes rich people pay is not so easy, Williams writes.

Backers of a territorial tax system argue that the current worldwide system puts US firms at a competitive disadvantage since they must pay the high US tax rate on repatriated profits earned by their affiliates in low-tax countries, while multinationals based in territorial countries pay only the local tax rate on these profits, Toder writes.

The Supreme Court will rule on two gay marriage cases this week, including the Defense of Marriage Act (DOMA). Although DOMA is not primarily a tax law, taxes are the basis for the case going to the Supreme Court, Williams writes.

Republicans and Democrats have signed on to legislation that would allow states to collect taxes on what consumers buy over the Internet. The measure would finally resolve a decades-old dispute over whether states can collect sales taxes on mail-order and online purchases, Francis writes.